The LT wave had an excellent month in January. The first few days were positive, as expected. Then the market dipped in the second week, as the wave had indicated. The more positive period starting from the 14th came right on the mark as well. The SPX climbed to a new all time closing high… Continue reading LT wave for February 2025
Category: Market Commentary
Icebergs 4
A bit of an update on our Icebergs charts concept. This idea was introduced almost 10 years ago, and a few extra elements have been added since version 3. The Icebergs algo is not the fastest, so it’s not meant for daytrading, but it offers a unique way to see the overall market condition in… Continue reading Icebergs 4
LT wave for January 2025
A happy new year to all our readers. Some have been here for 10+ years, others have just arrived. Thanks all. Enjoy 2025! The LT wave had another fairly good month in December. The expected weakness in the first weeks saw the market stagnate after recording a new record high in the first trading days.… Continue reading LT wave for January 2025
LT wave for December 2024
The LT wave had a good month in November. The expected strength in the beginning of the month lasted a few days longer then projected and took the index above 6000 for the first time. The subsequent weakness was obvious in the second week, and the stronger days in the third week allowed the market… Continue reading LT wave for December 2024
Next Bitcoin targets
It has been quite a while since I did my last full post on Bitcoin. Of course I kept tweeting about it, like in this warning right after the $69k peak in late 2021: https://x.com/lunatictrader1/status/1470303560000753664 With Bitcoin breaking out to new record highs after a long corrective phase, the big question is now how high… Continue reading Next Bitcoin targets